Morgan Stanley (MS) Position Boosted by Fiduciary Group LLC

Fiduciary Group LLC boosted its position in shares of Morgan Stanley (NYSE:MS) by 28.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,597 shares of the financial services provider’s stock after acquiring an additional 1,477 shares during the period. Fiduciary Group LLC’s holdings in Morgan Stanley were worth $278,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. ValueAct Holdings L.P. lifted its position in Morgan Stanley by 26.0% during the fourth quarter. ValueAct Holdings L.P. now owns 26,228,561 shares of the financial services provider’s stock valued at $1,039,962,000 after purchasing an additional 5,418,091 shares during the last quarter. Norges Bank bought a new stake in Morgan Stanley during the fourth quarter valued at approximately $676,319,000. Geode Capital Management LLC lifted its position in Morgan Stanley by 6.0% during the fourth quarter. Geode Capital Management LLC now owns 16,970,026 shares of the financial services provider’s stock valued at $671,686,000 after purchasing an additional 956,583 shares during the last quarter. Northern Trust Corp lifted its position in Morgan Stanley by 3.2% during the fourth quarter. Northern Trust Corp now owns 15,267,378 shares of the financial services provider’s stock valued at $605,353,000 after purchasing an additional 476,018 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its position in Morgan Stanley by 4,072.2% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,548,246 shares of the financial services provider’s stock valued at $342,000 after purchasing an additional 13,223,517 shares during the last quarter. 86.21% of the stock is owned by institutional investors.

Shares of MS opened at $44.39 on Wednesday. The company has a market capitalization of $74.69 billion, a PE ratio of 9.63, a price-to-earnings-growth ratio of 1.02 and a beta of 1.24. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.80 and a quick ratio of 0.80. Morgan Stanley has a fifty-two week low of $36.74 and a fifty-two week high of $55.40.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings data on Wednesday, April 17th. The financial services provider reported $1.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.17 by $0.16. The firm had revenue of $10.29 billion during the quarter, compared to analyst estimates of $9.96 billion. Morgan Stanley had a net margin of 16.75% and a return on equity of 11.45%. The business’s quarterly revenue was down 7.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.45 EPS. Equities research analysts expect that Morgan Stanley will post 4.79 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th were issued a $0.30 dividend. The ex-dividend date of this dividend was Monday, April 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.70%. Morgan Stanley’s payout ratio is 26.03%.

In other news, CFO Paul C. Wirth sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of $42.40, for a total value of $1,060,000.00. Following the completion of the sale, the chief financial officer now directly owns 169,031 shares in the company, valued at approximately $7,166,914.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Daniel A. Simkowitz acquired 7,000 shares of the stock in a transaction dated Thursday, April 18th. The stock was acquired at an average price of $47.57 per share, with a total value of $332,990.00. Following the completion of the acquisition, the insider now owns 193,089 shares in the company, valued at approximately $9,185,243.73. The disclosure for this purchase can be found here. Insiders own 0.23% of the company’s stock.

Several brokerages have issued reports on MS. ValuEngine lowered shares of Morgan Stanley from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. Royal Bank of Canada set a $60.00 target price on shares of Morgan Stanley and gave the company a “buy” rating in a research report on Wednesday, April 24th. BMO Capital Markets lifted their target price on shares of Morgan Stanley to $68.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Citigroup lowered shares of Morgan Stanley from a “buy” rating to a “neutral” rating and set a $48.00 target price for the company. in a research report on Thursday, April 18th. Finally, Wells Fargo & Co reiterated a “buy” rating on shares of Morgan Stanley in a research report on Wednesday, April 17th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company. Morgan Stanley currently has an average rating of “Hold” and an average price target of $56.24.

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Morgan Stanley Company Profile

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. The company operates through Institutional Securities, Wealth Management, and Investment Management segments.

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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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